Xenetic Biosciences Stock Forecast - Mean Deviation
| XBIO Stock | USD 4.04 0.07 1.70% |
Xenetic Stock Forecast is based on your current time horizon. Although Xenetic Biosciences' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Xenetic Biosciences' systematic risk associated with finding meaningful patterns of Xenetic Biosciences fundamentals over time.
Xenetic |
| Check Xenetic Biosciences Volatility | Backtest Xenetic Biosciences | Information Ratio |
Xenetic Biosciences Trading Date Momentum
| On November 25 2024 Xenetic Biosciences was traded for 4.04 at the closing time. The top price for the day was 4.33 and the lowest listed price was 3.97 . The trading volume for the day was 84 K. The trading history from November 25, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 3.96% . |
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Other Forecasting Options for Xenetic Biosciences
For every potential investor in Xenetic, whether a beginner or expert, Xenetic Biosciences' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Xenetic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Xenetic. Basic forecasting techniques help filter out the noise by identifying Xenetic Biosciences' price trends.Xenetic Biosciences Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Xenetic Biosciences stock to make a market-neutral strategy. Peer analysis of Xenetic Biosciences could also be used in its relative valuation, which is a method of valuing Xenetic Biosciences by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Xenetic Biosciences Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Xenetic Biosciences' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Xenetic Biosciences' current price.| Cycle Indicators | ||
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Xenetic Biosciences Market Strength Events
Market strength indicators help investors to evaluate how Xenetic Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xenetic Biosciences shares will generate the highest return on investment. By undertsting and applying Xenetic Biosciences stock market strength indicators, traders can identify Xenetic Biosciences entry and exit signals to maximize returns.
| Accumulation Distribution | 6983.09 | |||
| Daily Balance Of Power | (0.19) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 4.15 | |||
| Day Typical Price | 4.11 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.07) |
Xenetic Biosciences Risk Indicators
The analysis of Xenetic Biosciences' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Xenetic Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xenetic stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.82 | |||
| Semi Deviation | 4.51 | |||
| Standard Deviation | 5.0 | |||
| Variance | 25.01 | |||
| Downside Variance | 21.54 | |||
| Semi Variance | 20.3 | |||
| Expected Short fall | (4.39) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Xenetic Biosciences
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xenetic Biosciences position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xenetic Biosciences will appreciate offsetting losses from the drop in the long position's value.Moving against Xenetic Stock
The ability to find closely correlated positions to Xenetic Biosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xenetic Biosciences when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xenetic Biosciences - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xenetic Biosciences to buy it.
The correlation of Xenetic Biosciences is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xenetic Biosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xenetic Biosciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Xenetic Biosciences can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Xenetic Biosciences to cross-verify your projections. To learn how to invest in Xenetic Stock, please use our How to Invest in Xenetic Biosciences guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xenetic Biosciences. If investors know Xenetic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xenetic Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.66) | Revenue Per Share 1.638 | Quarterly Revenue Growth 0.116 | Return On Assets (0.29) | Return On Equity (0.49) |
The market value of Xenetic Biosciences is measured differently than its book value, which is the value of Xenetic that is recorded on the company's balance sheet. Investors also form their own opinion of Xenetic Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Xenetic Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xenetic Biosciences' market value can be influenced by many factors that don't directly affect Xenetic Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xenetic Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xenetic Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xenetic Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.